BRL Blackthorn

RNS Number:4693D
Brierley Investments Limited
11 May 2001


Notice of Changes in Substantial Shareholder's Interests

Name of substantial shareholder:          Longleaf Partners International Fund

Date of notice to company:                10/05/2001

Date of change of interest:               09/05/2001

Name of registered holder:                Longleaf Partners International Fund

Circumstance giving rise to the change:   Open market purchase

Shares held in the name of registered holder

No.of shares of the change:               185,000
% of issued share capital:                0.01

Amount of consideration per share excluding
brokerage, GST, stamp duties, 
clearing fee:                             0.43

No.of shares held before change:          95,400,000
% of issued share capital:                6.97

No.of shares held after change:           95,585,000
% of issued share capital:                6.99


Holdings of Substantial Shareholder including direct and deemed interest

                                          Deemed               Direct

No.of shares held before change:                               95,400,000
% of issued share capital:                                     6.97

No.of shares held after change:                                95,585,000
% of issued share capital:                                     6.99

Total shares:                                                  95,585,000

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